real time, price blind process eliminates buyer manipulation
smart data warehouse provides key procurement information
instant contract retrieval
reduce cycle time and agency delays with an automated process
instantly manage and interact with vendors
leveraged buying for cooperative purchasing
*Municipalities using specbid save on average between 10%-60%
Transparent, Results-Driven Procurement & Active Contract Management
•Custom workflow, business logic and permissions drive automation and efficiency
•Price-blind, real-time auction
•Smart Data Warehouse enables fast contract retrieval and historical spend analysis
•Robust alerts, notifications, reporting and dashboard capability — allows users to choose the granularity of the information presented
•Flexibility and commitment to innovation enables addition of modules and new supplier marketplaces as needed
•Ensuring integrity of the Supplier selection process and vitality of the Supplier ecosystem
•Access to historical data to develop insights about Suppliers, spend levels and projects
The SpecBid advantage
proprietary platform works in accordance with all municipal law
requires basic computer skills
no lengthy, time consuming training
integrates with existing erp systems
budget friendly. no cost options* available
latest best in class technology
integrate modules as needed
no additional software is needed
The SpecBid Platform is chosen by Nassau County, NY SpecBid has partnered with Nassau County Shared Services to streamline and revitalize their current process. From vendor and contract management, to our municipal real time bidding solution, SpecBid is changing the face of procurement.